Platinum Equity Leads Financing of Film Firm Kodak Alaris (1)

Platinum Equity’s credit team has led a recapitalization deal for film solutions company Kodak Alaris, according to a Friday statement, without disclosing the amount of the financing.

• Kodak Alaris is “a great match” for Platinum and has “a lot of untapped commercial opportunity”, said Michael Fabiano, global head of credit of the private equity firm
  • Rochester, New York-headquartered Kodak Alaris was formed in 2013 as a spinoff from Eastman Kodak, which filed for bankruptcy the year prior and recently released a going-concern warning
  • The offshoot was acquired by buyout firm Kingswood Capital Management in 2024 ...